Member Info for Zelda

What I find strange is that we don't have an RNS relating to the 12m share purchase....this is a big enough stake to trigger a 'notification of interst n shares'. Any thoughts on why this may help understand who is buying. I.E is anyone exempt from declaring their holdings over a certain threshold?

Buy just gone through....

Late reported 100k buy. Someone is hoovering up the sells and the MM's are making a decent spread on it.

Hey Lebowski: I think something is happening. On the 16th we have three buys of c.6M each =18M total, one buy of 6M got cancelled. My theory: the 6M buy order is still being filled. Yesterday we had a couple of big late reported trade totalling c.400k..same thing today 350k. I also thnk the MM's may be keeping the price low to fill the order at the target price. trouble is it will take a long time to fill it based on current volumes so they may need to try a 'tree shake' to get some PI's to part with their shares to fill this one...lets see.

Very quiet today....shhh.

Lets hope for some more big buys this afternoon.

When is the news coming? surley the only discussion left now is @ what price...unless as you suspect Dattels & co are not on baord and they are tapping up other interested parties and creating a slow auction. I know he is doing his best by the shareholder but honestly I am one of them and I am happy with £1.12 and a quick few quid...this needs to get moving the longer we go without news the less confident the market becomes.

Interesting spike at close of play...something news coming?

I hope this doesn't go all the way to the 31st Dec.....I have got xmas presies that need funding !

Who do you use to buy you shares with? I use HSBC investdirect you can run a dummy buy or sell directly through their website the first screen gives you the bid and ask price as published i.e 51p / 53p but when you clikd through to progress your order it gives you an actua price with a 15secon timer to either confirm or deny the transaction. 9 times out of ten the buy price matches the actaul share price on shareprice.co.uk. i.e in the example ealrier if the s.p was 51.75p this would be offered or you might get an offer of 52p either way it would be lowr than the 53p publicised ask price...and for a sell you would get a price of something like 51.5p. I.E the spread is usually tighter than most share price sites show...hence why lots of buys and sells are incorrectly recorded. This margin for error imo increases the itghter the spread is i.e look at a share like RBS vs SLV....you can also use other sites to do a dummy buy/sell i.e i think ADVFN lets you do this.....Zelda.

I saw an advert for the Genius 'gluten free' bread brand on tv tonight. Normally a brand would invest 10% of its retail sales value (RSV) in marketing. This therefore is a disproportionate spend to the size of th current sales level, or maybe an indication of anticipated futre growth. Either way FIF are sacrifcing short term profit for longer term growth in a category they already monopolise...intersting move by a smart management team....this will come good imo.

volumes have definetley dropped off today...shame we were on a nice run. Maybe tomorrow we will see some more action :-)...(I am on optimist though...)

The buy or sell is 'guessed' and shouldn't be relied on. the two best ways of telling whether it was a buy or sell imo is to i) see if the share price has gone up ii) put a dummy buy or sell through and see what price you get. With SLV the spread was 51p - 53p recently with a SP of 51.75p some sites were showing the average of the spread rather than the actual SP (ADVFN and LSE do this for example) but Shareprice.co.uk shows the actual share price . On this occasion you can be 90% sure the buy price is 51.75 and not 53p as the spread indicates. Now software that tries to guess whether the 51.75p trade is a buy or sell will calculate the average sp as 52p see it is lower than this and guess it is a sell...(incorrectly in this instance). The big trade was a buy I did a dummy buy when I saw it come through. Sorry to give such a long answer.

third day in a row now...including this nice buy this morning, syntaxity is this yours?? 11:14 51.51p 529,900 £272,952 Buy O

Big buys big volumes....this is looking good for a move north IMO. I'm in. GLA

BTW: I hold these shares...in case you hadn't already guessed. DYOR.

All good... http://www.britishbulls.com/StockPage.asp?CompanyTicker=FIF&MarketTicker=Consumer%20Goods&TYP=S

Good idea...more for me to buy then :-)...seriously this is a tunaround that has so far recieved little attention. This management team I assure you are top draw, this is a great price at 3x PE. I haven't read the Times article but the essence of this company is Premium Cakes and Bread which are having a hard time in the recesssion, so they diversify into the 'Free From' category. A new category in all of the top four multiples. Its not an exciting category no real brands no heavy promotional activity and some joke it's 'free from customers'. But it serves a functional need, the number of people with intolerances is growing that's why the top four supermarkets have made room for it. Its not a fad but a long term solid trend...one you could argue is recession proof..has low compeition..great margins and gives FIF a financial umbrella. So the Times might **** off the category but it makes a lot of financial sense...loook at the growth figures in the preliminary results report. Oh and this company has been aquisition hungry.....they are in a strong negotiating position... Zelda

With reference to the statement below, if there depot is runing at 50% capacity, wouldn't this also point to plans for future aquisitions ? "Duffy also reported the consolidation of Finsbury's cake distribution in Scotland, with one central warehouse at Eurocentral, Lanarkshire, now handling all its products. The depot is running at 50% capacity with room for considerable further expansion. " Source : http://www.foodmanufacture.co.uk/Sectors/Bakery/Finsbury-Foods-is-open-to-acquisition-offers

Taken from trading update : "Negotiations have also been satisfactorily concluded with deferred consideration parties to reschedule some £5m due in the first quarter of our new financial year over the period to March 2012. This relaxes our cash requirements and improves our ability to invest in the businesses growth opportunities." With a history of aquistions does anyone else read into this that another aquisition is on the cards ?